NetLease - Subledger Period End Balances
Purpose
The NetLease Subledger Period End Balances report is used to review the period-end subledger lease balances by lease. These balances should be compared to the lease liability and ROU transaction summary reports to validate the expected balances per the NetLease subledger agree to the GL.
How To
Navigation:
NetLease > Reports (All or Subledger) > NetLease Subledger Period End Balances > Run
Filtering:
The report search can be narrowed down by adjusting the filters for period, dates, subsidiary, lease ID, and status. The report will automatically update as filtering options are selected.
Filter for a single month to show period end lease balances. Time periods longer than a single month will result in multiple lines for each lease, which will not be reflective of period end balances.
Results
Upon running the report the user will see the ROU and lease liability balances by lease for the selected period. Each lease is labeled by its lease classification (operating or financing). Select the EXPORT button to download the report into Excel.
NOTE: This report shows amounts in the contract currency and not in the consolidated company currency.
Troubleshooting
1. If desired leases do not appear in the report, check the selected filters to ensure leases are not being restricted from view.